Form 4 for ADT ADT Inc.
Accepted 2024-05-23 00:00:00 ET · period of report 2024-05-21 · accession 0001703056-24-000055 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-23 | 2024-05-21 | ADT | Likosar Jeffrey | CFO, Pres Corp Dev, Trans | A - Grant | $0.00 | +573.4K | 1.16M | +97% | $0 |
| D | 2024-05-23 | 2024-05-21 | ADT | Likosar Jeffrey | CFO, Pres Corp Dev, Trans | A - Grant | $0.00 | +397.4K | 1.19M | +50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-21 | A | A | 573,387 | $0.00 | 1,162,909 | D | — | — | (F1) Represents stock options that were granted in 2018 subject to performance-based vesting requirements. On May 21, 2024, after assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT 's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2024-05-21 | A | A | 397,411 | $0.00 | 1,192,233 | D | $13.30 · 2024-05-21 to 2028-01-18 | 397,411 Common Stock | (F1) Represents stock options that were granted in 2018 subject to performance-based vesting requirements. On May 21, 2024, after assessing a variety of factors, including alignment of holders' incentives with those of a majority of ADT 's stockholders, the compensation committee of the Board of Directors of ADT Inc. deemed the performance conditions satisfied with respect to these securities. |